everybody selling their coins to buy baseball cards obv
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At least you can watch those sports highlights wtf can you do with a crypto coin?
Iām out.
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Iām someone else that canāt read your giraffes
BTC dropped like 10k earlier today. ETH did the equivalent.
Oh ok, the sword of cryptocles i just posted.
I havenāt checked to see if there was any specific news yet but iām guessing it was just bots. The answer is usually always ābotsā. Itās like how Black Monday 1987 was theorized to be partly the fault of poorly functioning rudimentary bots; crypto markets are basically that but constantly as a static state of chaos, with no opening and closing bells. 24/7/365 mayhem. The plurality if not the majority of crypto trading is done by retail tradersā shitty bots. Itās not like poker or baseball card markets, anybody can set one up.
Cryptos plunging across the board as Elon takes profits for a Tesla cash infusion and the masses cash out to load up on NFTs.
That tweet was a few days ago butā¦ Youāre probably right.
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That also qualifies for my answer āitās always botsā.
Thereās no way that dude is a real dude.
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Lol.
Other than entertaining us with the greatest impression of a pompous douche the forum has ever seen, what exactly is your point?
This wonāt have long term value or even mid term? Sure, thatās possible and even likely.
This is a well organized scam and no one will ever be able to cash out? I assume itās not 0%, but iāll happily bet everything you own against the NBA being a part of Nigerian Prince scheme.
This is not an alternative to real crypto? WHO THE FUCK SAID IT WAS.
Everyone are having fun playing a silly game. This has nothing to do with crypto. I could care less about the BLOCKCHAIN and iām pretty happy itās centralized because Adam Silver is pretty easy to spot.
This is a silly collectable game. Did a single person mentioned it as a crypto-alternative/related? Every post about the BLOCKCHAIN is making fun of it.
The only reason I @6ix here is because itās FUNNY and heāll ENJOY it. Take yourself less seriously, you are already a lot less smart than you think you are. It will only help you look like less a putz.
Honestly I was giving Canada the benefit of the doubt considering today was the first real crypto bloodbath in awhile and he mightāve gotten hit pretty hard.
If my biggest holding wasnāt up 40% and rising I mightāve been freaking out too and firing shots at all you baseball carders and your 35000% gains.
nah, heās been popping in that thread every once in a while to explain how stupid we are for having fun and we arenāt true coiners. i thought it was a parody at first.
Wait something is up 40% in this market? Damn Iām doing it wrong.
Lol iāve refrained from posting tips about the CHEAP HOT ALTZ as it seemed unseemly but yeah, no matter how much people break their necks to sell bitcoin there will be some moons.
NEM is finally releasing their Symbol thing and and theyāre doing an airdrop where all people who hold XEM will get an equivalent amount of XYM (symbol token).
Lol it said 40% a few minutes ago, as you can see itās been a wide range after the run up.
This is also where Iām gonna totally fuck up by getting greedy and selling my bag at what looks like a micro top and then it shoots up another 100%.
Yesterday was fun, I saw my third biggest holding (after BTC/ETH) drop by 85% in the space of 5 minutes:
Turned out to be some shenanigans on Kraken, and itās back to ānormalā again, but it made me sweat for a minute.
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Iāve wondered how people like that look at me. Like, after looking at all the charts and news and what not, my choice to buy certain coins has came down to whether I like the name. Thatās how I made 8x with Ravencoin, and wouldāve made 20x if I didnāt do some fancy play syndrome. āRavencoinā is a cool name.
Am I being sacrilegious in the face of the believers of the crypto old gods?
Whoa.
This is not the first time this type of āflash crashā occurred on Kraken, according to Trustnodes, which noted the problem on Kraken back in 2018. The report indicated that such incidents usually occur when a trader accidentally entered a wrong number during trading, a behavior nicknamed āfat finger error.ā
Yeah, uh, no, you donāt fat finger both ADA and ETH at the same time.
Hereās Binance for comparison:
Ok, had to go to Germany:
Connection problems are cited as the reason for the Kraken Flash Crash. The drop in the price of Ethereum was particularly significant. A recording by Twitter user Skew shows that the price fell below $ 750 at its peak. This corresponds to a short-term correction of 60%. For comparison: Ethereum was listed at around 1,700 US dollars on other crypto exchanges in the same period.
Overall, the considerable price correction by Bitcoin and Co. resulted in increased use of the platforms. At Kraken, however, this high demand must have gone so far that a technical error occurred. In the last few weeks, the rapidly increasing demand for crypto currencies has already resulted in poor availability on crypto exchanges.
I guess they donāt have some sort of killswitch failsafe to deal with a burst of traffic that overloads their servers?
Yuv with those āhow dare you ridicule my ponziā vibes. Keep raging about how much fun youāre having and how rich all of your friends are getting selling digital essential oils.